New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-02

MISCELLANEOUS RAILWAY INTELLIGENCE
ST PAUL. biinn., Dec. 1.-The NewYork Cable and
Construction Company which recently went into the
hands of receiver has been building the St. Anthony
I'LL cable line here, now nearly completed. Yesterday
sheriff the cable itself and ether property Of
tho line get payment for 5000 in time checks gwen to
aborers the roai Secretary Lloyd OF the constrc-
tioH company says that the time checks had been
bought up by broker and would have been paid II
properly presented The company has already paid
soe $500 900 on the read and does Rs nsw he says,
81 900 in St Paul He declares that nothing
will now stop tho speedy completion or tho road.
BEyIDEEE, N j., Dec 1.-The earnings of the susque-
hanna and Western Railroad for the last quarter
s393967 SIS. This is on Increase of $s6t35 81 over
the earnings for the corresponding period last year. For
the month OF October the earnings $751; i7i 70,
an increase Of S3662S -.
PHILADELPHIA, Dec. l (SpectaD.-The proofs Of the
four norgases to be issued by the Reading Rail-
road being revised today and from present indca
tons they will be ready for execution January rhe
trustees are winding up their affairs SO as to be pre-
pared for the discharge OF the receivers which to take
place January 2. After paying all claims including
their compensation there Will be a balance OF from
$4,000 to S1O0O000 10 trn to the reorganlzed
will be paid by receivers. This has been
paid since 1855 As the coupons and Interest Datulns
since that time have been purchased by the banking
firms.
TuscoLA, ILL.,, Dec 1.-The Chicago and Eastern Hi
nois Railway Company has fled mortgage on the CON-
panys property and franchises for 000 and Is
now being recorded mere DD1uS are uuc
l. 1887 and are payable to the Central Trust Company
OF NewYOrk This Is the largest mortgage ever filed for
record in this county.
SPRINGFIELD H., Dec. 1Articles OF incorporation OF
the Peoria and Michigan Railroad Company filed
to-day. 1t proposed to construct railroad from the
City of Peoria, northerly AMI nOrteaster,y diree
ton the state line dividing the county or McHsnry in
Illinois from the county OF WalwOrth, in Wisconsin.
The principal place of business Is to be Chicago and the
amount OF capital stock is 10 be So 900 900 The in
eorporators be the first board of directors
T. H. Waldroa, y. A. HaZlett, L. NJ. Kane, A. Os
good aud JOHN RObb, all OF Chicago
the Chicago Santa Fs and California Railway from both
directions here will be completed to-day. The road is
all dons between Fort Madison and streator,
oneha mile near Chiieothe. In Missouri the Work Ia
about weeks behind.
CHICAGO, Dec LATTER two mosths' steady work the
1ranscontnental officials to-day succeeded in agreeing
upon association. Tho headquarters liked at
Denver and J. s. Leeds, general freight agent OF
AtchIssn Topeka and Santa Fe Is to be the chair
man OF the organization. The Pacific Mail Steamship
Company is to receive q monthly subsidy equal to
SOS OOO bu 1t has yet been settled whether will
he paid In cash by dverting sufficient Pacific
freight to the route to make up the amount There IS
some whether the cash could be paid under the
law. An ARRANGEMENT has been made with the cana
dian Pacific whereby it will be allowed TO charge a less
ratio on traffic San Francisco. and will interchange
business Portland with the Northern and Union Pa
cc roads First-eass freight Will be advanced, fren
New York to Francisco, from - TO 81 hundred
pounds and other rates in proportion.